Tourism Finance Corporation of India
74.28
+1.52(+2.09%)
Market Cap₹3,438.99 Cr
PE Ratio39.46
Company Performance:
1D+2.09%
1M+13.65%
6M+32.57%
1Y+188.69%
5Y+577.74%
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More news about Tourism Finance Corporation of India
04Jan 26
TFCI Shares Hit 20% Upper Circuit After Strategic AIF Investment Announcements
Tourism Finance Corporation shares surged 20% to ₹66.28 following strategic investment announcements in Holystone Hospitality Fund (5% commitment) and Certus Real Estate Fund (10% commitment). The stock recovered from Friday's lower circuit with exceptional trading volume of 102.29 lakh shares worth ₹617.92 crore, demonstrating strong market confidence in the company's AIF diversification strategy.
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02Jan 26
Cupid Shares Crash 20% on Profit Booking After 13-Day Rally Delivers 34% Gains
Cupid shares plunged 20% to Rs 419.95 on Friday, ending a remarkable 13-session winning streak amid heavy profit booking and strong trading volumes of over 2 crore shares. The correction came after technical indicators showed severely overbought conditions, with the multibagger stock having delivered exceptional 452% returns over the past year and strong quarterly results showing 140% profit growth.
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10Nov 25
Tourism Finance Corp Reports 14% Surge in Q2 Net Profit, Explores New Investment Avenues
Tourism Finance Corporation of India Ltd (TFCI) reported a 14% year-over-year increase in net profit for Q2, reaching 291 million rupees. Total income rose to 6,648.53 million rupees, with interest income growing by 13.42%. The company reduced expenses by 6.05% and improved asset quality, with Gross NPA ratio decreasing to 0.22%. TFCI's Board approved co-sponsoring Alternative Investment Funds for the Hospitality and Real-Estate sectors, subject to SEBI registration. The company maintains a strong financial position with a tangible net worth of 124,171.83 million rupees and a CRAR of 56.60%.
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06Oct 25
Tourism Finance Corp Advances in Acquisition of Cosmea Investment
Tourism Finance Corporation of India Limited's (TFCI) Board has given in-principle approval to enter an exclusive term sheet with Cosmea Investment Holdco Private Limited for acquiring 100% of Cosmea Investment Private Limited (CIPL) and its subsidiaries. The acquisition targets CIPL's interests in asset reconstruction, stock broking, wealth management, and investment advisory. The deal is subject to due diligence, finalization of terms, and regulatory approvals. TFCI plans to use an affiliate or SPV for the acquisition, potentially expanding its financial services portfolio.
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1 Year Returns:+188.69%
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